GOLDBUGS AMEX Goldbugs Index (GOLD)

[Navyvet004]

There are a bunch of these machines in Dubai, the middle eastern oil countries, and in Europe with Germany and England. Banks wouldn't lose out and wall street wouldn't lose money, on the contrary would possibly make more getting behind the machines due to gold being the popular bullion around the world. China is buying more and more of it and they are introducing the machines in China with other companies in the mix producing these machines.

Like you I agree the idea is great. The money is there it is just how they market the machine and concept here in the states and to the "big pockets" investors. They are supposed to be releasing some more news about them working with a big name in the ATM world and with the Wincor Nixdorf International. They are already in the process of the private placement so I guess it is a waiting game now.